Stable earnings outlook, decent dividend yield, better dividend income support from subsidiaries, and diversification into the power business are the key differentiating factors that warrant a BUY call on FFC.…
· Market traded in the positive zone for good part of the session in excitement of Senate Elections. Besides, energy chain remained recipient of fresh flows from investors on the…
JazzCash, Pakistan's leading fintech, has collaborated with Haball, a supplier payment digitization company as its partner to help in digitizing supply chain payments. With this partnership, JazzCash and Haball aim…
The Centre for Excellence in Journalism (CEJ) and RINSTRA Technologies Pvt. Ltd. signed a Memorandum of Understanding (MoU) to work together to build students' digital storytelling skills. This agreement will…
Pakistan's cement sector posted growth of 1.98 percent in February 2021 as compared to February 2020. Total Cement dispatches during February 2021 were 4.577 million tons against 4.489 Million Tons…
Emirates' Economy Class customers can now enjoy even more personal space and privacy onboard with the ability to purchase up to three empty adjoining seats on their flight. These seats…
TPL Insurance, Pakistan's first direct insurance Company, has entered into a strategic partnership with Health Solutions, the world's first Mobile App providing complete tele-health solutions to people from the comfort…
Pakistan Telecommunication Company Limited (PTCL) has introduced Balochi Language in its Customer Support Services through its automated helpline 1218. The deployment of the Balochi Language is testament to PTCL's commitment…
BankIslami, Pakistan's leading Islamic Bank, partnered with Pakistan International Airline (PIA) to co-brand their aircrafts, taking BankIslami's visibility up a notch. The national carrier proudly features BankIslami headrests and pillow…
Pakistan-- ACE Money Transfer, a leading cross-border remittance provider, and Bank Alfalah, one of the largest private banks in Pakistan, held a ceremony to handover prize to the lucky draw…
· Market bounced back today prior to the Senate elections, which hold importance for the incumbent government. Post announcement of majority of the financial results for the outgoing quarter, Investors…
The Board of Directors of Shell Pakistan Limited (SPL) announced financial results for the year ended December 31st, 2020. The company posted a loss after tax of PKR 4,821 million…
Championing Corporate Social Responsibility, Philip Morris (Pakistan) Limited (PMPKL) has been recognized at the National Forum for Environment and Health (NFEH) 13th Annual CSR Award 2021. PMPKL was declared as…
ILMA University accomplishes yet another winning milestone as it signs a significant MoU with PIA. This is indeed an impressive feat that the University has achieved as it steps into…
Pakistan's leading biscuit brand, EBM, the makers of Peek Freans has been consecutively supporting the Special Olympics Pakistan's Unified Marathon since its inception. With this partnership EBM aspires to promote…
The third plantation of Miyawaki forest at Denso Hall Rahguzar, Landscaped Walking Street, Yasmeen Lari's brainchild, CEO Heritage Foundation Pakistan, was initiated here earlier today by Rotary Club New Central…
Feb'21: Petroleum Sales Increased by 26% YoY Total Petroleum and Lubricant sales clocked-in at 1.40mn tons in Feb'21, depicting a double digit growth of 26% YoY while down by 8%…
Pakistan Mortgage Refinance Company (PMRC) and its Partner Financial Institutions (PFIs) joined hands to provide and promote affordable housing finance in the country by signing Credit Guarantee Agreements with Credit…
Maintain Buy as growth prospects trump dividend cuts We raise our CY21-25f EPS estimates for HBL by 7% on average on quicker balance sheet growth. However, this growth is…
National CPI increased to 8.7% yoy in February 2021 vs. 5.7% yoy in January (up 1.8% mom). Urban CPI rose to 8.6% vs 5.0% yoy in the previous month, while…
The Hub Power Company Limited (HUBC) conducted its analyst briefing session today to discuss 2QFY21 financial result and outlook. To recall, the company recorded an increase of 1.50x YoY in…
Consul General of Qatar Mishal M Al-Ansari has informed the industrialists that many joint ventures between Pakistan and Qatar are this underway in the fields of defense and industry production.…
· Market saw a major draw down today by losing 772pts during the session. Initially, the index gained 144pts, however, across the board selling pressure brought the index down. Supreme…
Agha Steel Industries has announced its financial results for the half year ended on 31st December 2020. Company has announced a total profit after tax of 1057 million for half…
The benchmark equity bourse remained range bound in the outgoing month, posting a decline of 1.1% / 521 points (USD-based return arrived at -0.1%) to close at 45,865 points. Although…